Pubs and Bars

37 pubs closed every month in 2020

Analysis of official government data revealed the overall number of pubs in England and Wales fell to 40,617 on 31st December 2020

Around 37 English and Welsh pubs closed every month in 2020, according to analysis of official government data by real estate adviser Altus Group.

The research showed that the overall number of pubs in England and Wales, liable for business rates, including those left vacant and being offered to let, dropped to 40,617 on 31 December 2020.

This was down 446 compared with 41,063 on 31 December 2019.

In England and Wales, pubs are currently receiving a one-year business rates holiday worth £768.12m and were eligible for £557.94m in grant funding, which was worth either £10,000 or £25,000 per pub at the start of the pandemic last spring.

Last week, the Treasury said that one-off top up grants associated with business rates would be provided to help closed retail, leisure and hospitality businesses negate the economic impact of the third national lockdown.

Robert Hayton, head of Property Tax at Altus Group, said: “Pubs and restaurants bore the brunt of coronavirus restrictions in 2020 but proved remarkably resilient aided by Government interventions such as furlough, grants, rates relief and liquidity in the form of cheap loans.”

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